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Red Bull to continue car financial agreement with Renault

Red Bull will continue to utilise Renault’s F1 engines until at least the end of 2016, it was announced at Monza on Friday.

Red Bull will continue to utilise Renault’s F1 engines until at least the end of 2016, it was announced at Monza on Friday. The long-running car finance agreement has been extended, and will now mean Red Bull will run the V6-unit from Renault for the rule changes in a few years.

A media statement read:

"Red Bull Racing and Renault share the views that stability is a fundamental condition to perform at the top levels of competition," said Renault Sport F1 president Bernard Rey.

While Red Bull’s team principle, Christian Horner, said:

"We're obviously thrilled to announce this significantly enhanced agreement with the Renault-Nissan alliance.”

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